Mid-America Angels, Women’s Capital Connection Invest $3.5+ Million

Last year was a busy one for both the Mid-America Angels and the Women’s Capital Connection, two leading sources of angel capital for the region’s early-stage companies.

Mid-America Angels made $2.8 million in investment last year, an increase of $500,000 over 2014. Among the nine companies receiving investments were Hilary’s Eat Well, EyeVerify and Elias Animal Health. The network of angel investors also expanded by opening a chapter in St. Joseph. (You’re next, Manhattan, Kan.)

“We’re proud to be the oldest and largest angel group in the Kansas City metro area and also a source of advice, expertise and partnership for our portfolio companies,” said Rick Vaughn, the Mid-America Angels’ managing director. “The over 120 angel investors in our network deserve credit for that reputation, as they drive our investment process and invest their time helping our portfolio companies grow.”

Women’s Capital Connection, meanwhile, made $745,000 worth of investment in eight companies, including Angaza Design, Rawxies and Portfolia. Five of the companies are led by women entrepreneurs.

“Women-led businesses continue to be some of the fastest-growing companies in America and we’re proud to be supporting that growth in Kansas City,” said Kelly Pruneau, network manager for the Women’s Capital Connection.